Is Walmart going to ask for a bailout?

Or are the unions only strong-arming the American auto industry into the grave?

For as much bitching and moaning that the Corporate Unions do about Walmart, at least it ain't Walmart that can't manage it's own affairs. Rather, it is Walmart who has closed stores to lock out unions and lobbied congress against government regulation.

Keep the government and corporate unions out of free enterprise.

A wise man once said "Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. ".

One out of eight American workers belongs to a union (source), and you've cited the example of a single unionized industry requesting a bailout.

Do you frequently make generalizations from a single example?

Click to expand...

Let me simplify it.

Walmart was not foolish enough to throw in with corporate unions DESPITE pressure from the likes of the AFL CIO. The auto companies were, or at least were coerced by the violent likes of Jimmy Hoffa and other Bolsheviks.

It is the corporate unions and their greed that have not only bankrupted the auto industry but made them unviable in the competitive marketplace.

Gold Member

Well, the owner of WalMart stores has just had a custom made 'mega' yacht built (in Cornwall). Personal purchase or not, any allusion to having fallen on hard times would be treated with appropriate scepticism - by me anyway.

Gold Member

Well as I see it, Gov. employees and School workers are unionized and require being bailed out every year, at least my property taxes get raised every year because they can't live within there budget. Now the county wants to raise property values in an economy when property values are declining.

VerifiedGold Member

Well, the owner of WalMart stores has just had a custom made 'mega' yacht built (in Cornwall). Personal purchase or not, any allusion to having fallen on hard times would be treated with appropriate scepticism - by me anyway.

Click to expand...

Good for him...it's a private company and he can use his wealth however he wants.

Gold Member

Well, the owner of WalMart stores has just had a custom made 'mega' yacht built (in Cornwall). Personal purchase or not, any allusion to having fallen on hard times would be treated with appropriate scepticism - by me anyway.

Click to expand...

It is owned by 8 or 10 people. Sam Walton headed the richest person in America list from '85 until he began to pass his shares on to his wife and four children. They were 5 of the top 10 until '05. I have not heard of any of them using a significant part of their wealth to any worthy purpose. Walton gave a few million to his church, and the local university. One daughter I think set up a museum.

A good case for inheritance taxes in the percentages levied by the British government. A fortune made and maintained by exploiting underpaid workers and predatory practices against competitors. No sympathy from me.

It is owned by 8 or 10 people. Sam Walton headed the richest person in America list from '85 until he began to pass his shares on to his wife and four children. They were 5 of the top 10 until '05. I have not heard of any of them using a significant part of their wealth to any worthy purpose. Walton gave a few million to his church, and the local university. One daughter I think set up a museum.

A good case for inheritance taxes in the percentages levied by the British government. A fortune made and maintained by exploiting underpaid workers and predatory practices against competitors. No sympathy from me.

Click to expand...

lol You'd be perfect for government.

You people always think you have a better way to spend the money that other people have earned.

That being said, if anyone builds an empire that employs hundreds of thousands of people...and by virtue or that..pays tens of billions of dollars of taxes and puts millions of kids through school...retires thousands of people comfortably...i, and tens of thousands of thankful WalMart employees...thank Sam Walton for what he has contributed....and if he doesn't own the right to pass along his legacy to his own children...because the gov't says that those who risked nothing deserve his legacy more than his own family....then shame on you kali.

That being said, if anyone builds an empire that employs hundreds of thousands of people...and by virtue or that..pays tens of billions of dollars of taxes and puts millions of kids through school...retires thousands of people comfortably...i, and tens of thousands of thankful WalMart employees...thank Sam Walton for what he has contributed....and if he doesn't own the right to pass along his legacy to his own children...because the gov't says that those who risked nothing deserve his legacy more than his own family....then shame on you kali.

Click to expand...

These people have no shame. For them it is about revenge and class warfare.